Core (CORE) is an Ethereum Virtual Machine (EVM)-compatible Layer 1 blockchain, enabling it to support Ethereum smart contracts and decentralized applications (dApps). The network operates using the "Satoshi Plus" consensus mechanism, which combines delegated Bitcoin mining hash power with delegated Proof-of-Stake (DPoS) to secure the blockchain. The protocol is powered by its native CORE token. The project aims to establish a foundational infrastructure for Web 3.0, introducing innovative solutions to address the blockchain trilemma. The Core mainnet launched in 2023, with governance managed by a decentralized autonomous organization (DAO). The Core DAO oversees the development and expansion of the Satoshi Plus ecosystem. *(Note: Time-specific details like "January 2023" were generalized to "2023" for evergreen relevance.)* CoreDAO is a decentralized global team of contributors united by a shared vision for advancing web3. The project focuses on supporting the Satoshi Plus ecosystem through blockchain technology. While CoreDAO maintains a strong community presence with approximately 1.6 million followers on Twitter and over 74,000 on Telegram, the identities of its creators, contributors, and developers remain private. (Note: The revised version removes speculative elements, avoids promotional language, and presents only verifiable facts while maintaining a neutral tone.) Here’s a clearer and more concise version of your text while preserving its factual content: --- **Satoshi Plus** is the consensus mechanism used to validate transactions and secure the **Core** network. It combines **Bitcoin’s Proof-of-Work (PoW)** and **Ethereum’s Delegated Proof-of-Stake (DPoS)**, enabling the network to balance decentralization and scalability while addressing the blockchain trilemma. **Core** supports **EVM** compatibility, allowing seamless deployment of **smart contracts** and **decentralized applications (dApps)**. Developers who build dApps on the Core blockchain and contribute value to the ecosystem are rewarded with **S-Prize tokens** (also known as **Satoshi Prize**). The protocol emphasizes decentralization by operating through a **Decentralized Autonomous Organization (DAO)**. The DAO manages transaction fees, governance parameters, and upgrade proposals, while also facilitating community voting on development initiatives. --- This version removes unnecessary links, improves readability, and ensures the content remains factual and evergreen. Let me know if you'd like any further refinements! **CORE** serves as the utility and governance token for the **Core network**, with a fixed maximum supply of **2.1 billion tokens**. Its value is based on scarcity, following a hard cap model similar to Bitcoin. A portion of rewards and fees will be burned, adopting a mechanism inspired by Ethereum’s "Ultra Sound Money" model. The exact percentage to be burned will be decided by the **Core DAO**. The total supply of **CORE** is allocated across six categories: - **39.995%** to node mining - **25.029%** to Core users - **15%** to contributors - **10%** to reserves - **0.476%** to relayer rewards - **9.5%** to the treasury This structured distribution ensures a balanced and sustainable ecosystem for the Core network. The Core blockchain utilizes the Satoshi Plus consensus mechanism, which combines Bitcoin's Proof-of-Work (PoW) framework with a modified Proof-of-Stake (PoS) system, also known as delegated Proof-of-Stake (DPoS). The network undergoes security audits by CertiK, a firm specializing in Web3 security, blockchain protocol monitoring, and cryptocurrency audits. Core (CORE) is available on multiple cryptocurrency exchanges, including Huobi, OKX, Gate.io, Bybit, and Poloniex. Users can trade CORE tokens with USDT pairs on these platforms. For real-time price tracking, you can monitor CORE through cryptocurrency data platforms. (Note: Links to specific exchanges have been removed to maintain neutrality and avoid outdated references.) Learn more about **Ethereum**, a leading layer 1 blockchain that operates on a proof-of-stake consensus mechanism. Explore other prominent layer 1 blockchains, including **Avalanche (AVAX)**, **Solana (SOL)**, and **BNB Smart Chain (BNB)**. For a deeper understanding of crypto terminology, refer to the **DroomDroom glossary**. Discover **DAOs (Decentralized Autonomous Organizations)** and their role in the crypto ecosystem. Additionally, explore **five social DAOs** shaping the Web3 landscape. *(Note: Links have been removed to maintain an evergreen format.)*